Tech Company Financing Transactions
GovForce Funding Round
GovForce, operating out of Annandale, received $2.5 million from QED Investors, Susa Ventures and Cambrian Ventures.
Transaction Overview
Company Name
Announced On
2/21/2023
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Investors
QED Investors (Lead Investor) (Matt Burton)
Susa Ventures (Lead Investor) (Leo Polovets)
Proceeds Purpose
The funding will accelerate the launch and distribution of GovForce's unique software as a service platform, designed to help prime contractors monitor performance and prime contract compliance with subcontractors.
Company Information
Company Status
Private & Independent
Industry
GovTech
Mailing Address
8221 Toll House Road
Annandale, VA 22003
USA
Annandale, VA 22003
USA
Phone
Website
Email Address
Overview
A dedicated technology platform developed specifically for GovCons, GovForce centralizes critical records, facilitates collaboration across teams, and allows GovCons to securely manage deliverables with other GovCons. Govcons should never miss on a flowdown, can organize their teaming partners, and will win without email. Easy to subscribe to, learn, and operate, GovForce is state-of-the-art Software-as-a-Service (SaaS) with only the highest levels of data privacy and security. Critical GovCon back office providers like accountants, attorneys, insurers, and others can save time and money to better serve their own GovCons. Built by a team of high tech and military veterans and headquartered in Washington, D.C.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tonio DeSorrento
Co-Founder
Brendon Dibella
Co-Founder
Jason Mitchell
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